Sonatrach and Total have signed two agreements as part of the comprehensive partnership announced in 2017. This includes a new concession contract to jointly develop the Erg Issouane gas field located on the TFT Sud permit, signed by Sonatrach, Total and Alnaft (the National Agency for the Valorization of Hydrocarbon Resources).
Versalis and Sonatrach signed in Algiers a Memorandum of Understanding to carry out joint feasibility studies for an integrated petrochemical complex to be built in Algeria.
Algeria's government plans a new 2 billion US dollar phosphate conversion plant through its state-owned oil and petrochemicals firm Sonatrach with an annual production capacity of five million tons.